Labor's lead over the coalition has slipped in the latest Newspoll after Bill Shorten's backflip on tax cuts.
The coalition now trails Labor 49 to 51 on the two-party preferred basis, according to the poll published by News Corp Australia on Sunday night.
Malcolm Turnbull leads Mr Shorten as preferred prime minister 46 to 31.
Approval ratings for Mr Shorten dropped a point to 32 while dissatisfaction jumped to 57.
Mr Turnbull's approval jumped two points to 42. With a 48 per cent disapproval rating the PM has recorded his best approval ratings since the 2016 election despite still being in negative territory.
The figures come days after Mr Shorten was forced to backflip on Labor's tax policy following what was dubbed a "captain's call".
Support for Pauline Hanson's One Nation sits fixed at six per cent, about half the support recorded at the party's peak.
Australian Associated Press